Originally Posted by gunnut

You can probably find it on Wiki for a quick run down.

Suffice to say it's only a shadow of its former self (Soviet navy). The navy is divided into several fleets, far from each other. The most powerful is probably the Northern fleet. Each fleet has a few destroyers, cruisers, and a few subs.

Most of the old fleet is rusting away at port due to lack of funds. Putin is trying to rebuild at least some of it with the new found energy money.

I think that's the jist of it.